TIDMGAME
GAN to provide Regulated Gaming for Leading New Jersey
Casino
Borgata Hotel Casino & Spa to partner with GAN for launch in
Q2 2016
ISE: GAMELSE: GAME
London & Dublin | February 19, 2016: GameAccount Network plc
("GAN" or the "Company"), an award-winning developer and supplier
of enterprise-level B2B internet gaming software, services and
online gaming content in the United States, announces it has signed
an agreement with Borgata Hotel Casino & Spa ("Borgata") in
Atlantic City, New Jersey for the launch of Borgata's Simulated
Gaming online experience. The Agreement also provides GAN the
opportunity to service Borgata's real money Regulated Gaming online
experience in the event certain conditions are met.
Borgata opened in 2003 and is a joint venture between Boyd
Gaming Corporation and MGM Resorts International, two of the
largest casino operating groups in the United States.
Highlights
-- Borgata's Simulated Gaming will deliver a compelling Internet gaming
experience designed to reassert Borgata's relationship with
patrons
playing Social Casinos online by offering a superior value
proposition
integrated with My Borgata Rewards loyalty program which has
been
proven by GAN to increase patron visitation on-property.
-- Borgata's Regulated GamingT offering would be operated from an
instance of the GameSTACKT Internet gaming system deployed
on-property
in Atlantic City and would also be integrated with the My
Borgata
Rewards loyalty program, pending New Jersey regulatory approval
and
conditioned upon Borgata providing GAN with permission to
commence
operations.
-- Borgata is the leading destination casino resort in New Jersey and has
also been the market leader since online gaming was introduced
in New
Jersey two years ago.
Dermot Smurfit, CEO of GAN commented:
"Our strategic market positioning is to serve as an
enterprise-level solution for either Simulated Gaming or real money
Regulated Gaming and, in certain circumstances, our single
technology platform may serve both requirements. In 2016 Simulated
Gaming will be served to the majority of Borgata's patrons who live
out-of-State and, in the event GAN receives Borgata's consent to
commence operations is equally capable of simultaneously serving
real money Regulated Gaming to the Borgata's patrons resident in
New Jersey."
Tom Ballance, President and COO of Borgata Casino Hotel &
Spa commented:
"GAN's experience and capability, combined with the power of the
Borgata brand, will enable the successful launch of Borgata's
Simulated Gaming online experience. This launch will add another
business segment to Borgata's portfolio and will further diversify
Borgata's varied offerings.We also take great comfort in having
GAN's excellent real money Internet gaming product available to us
as needed."
FAQ's about GAN's Regulated Gaming
-- Launched in the US by GAN in November 2013 GAN's product offering and
diverse technical capability has made BetfairCasino.com, owned
and
operated by the world's largest Internet sports betting &
gaming
group, the most successful independent Internet casino operator
in New
Jersey during 2015 despite the absence of those marketing
advantages
enjoyed by existing land-based casinos equipped with
established
gaming brands and casino patron databases
-- Regulated Internet casino gaming in New Jersey grew 33% year-on-year
in 2015 from $94m in 2014 to $125m in Gross Gaming Revenues,
with GAN
specialised in US-facing Internet casino gaming software,
gaming
content and market-leading back office player retention
capabilities
www.GAN.com
www.theBorgata.com
For further information please contact:
GAN FTI Consulting
Dermot Smurfit Mark Kenny/Jonathan Neilan
Chief Executive Officer
+44 (0) 20 7292 6262 +353 1 6633686
dsmurfit@GAN.com gameaccount@fticonsulting.com
Davy
John Frain / Roland French
+353 1 679 6363
GAN | Overview
GAN is a leading developer and supplier of enterprise-level
Business to Business gaming software systems and online gaming
content. GAN is listed on the ESM Market of the Irish Stock
Exchange and the AIM Market of the London Stock Exchange under the
ticker: GAME
The Company has developed an Internet gaming enterprise software
system, GameSTACKT, which it licences to online and land-based
gaming operators as a turn-key technology solution for both
regulated real-money and simulated online gaming. The Internet
Gaming System, developed in London under a UK Gaming Commission
licence, is certified to the highest technical standards currently
required by gaming regulators.
GAN is also a leading developer of proprietary online games with
a complementary business converting offline casino slot machines
and table games into online equivalents on behalf of major
land-based slot machine manufacturers including Aristocrat, Konami,
Multimedia Games, Incredible Technologies, GamoMat, Reel Time
Gaming, High Flyer Games, DEQ Systems Corp (EZ BACCARAT®) and
Ainsworth.
GAN has an established business in Europe, licensing gaming
content to UK, Spanish and Italian gaming operators including
Bet365, William Hill, Rank, Lottomatica, Sisal MatchPoint and
SNAI.
In the United States, GAN has partnered with Betfair Plc to
provide its Internet Gaming System following the introduction of
regulated real-money online gaming in New Jersey in November 2013.
In New York, GAN has launched a Simulated GamingT website via
www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN
launched a Simulated GamingT website www.ParxOnline.com in March
2015 with on-property real money mobile gaming anticipated in 2015.
In March 2015 Maryland Live! Casino in Maryland chose GAN to
upgrade their existing free-to-play website to a monetized
Simulated GamingT website, soft-launched in July 2015 and launched
integrated with their casino management system in November 2015. In
September 2015 major Californian Tribal casino operator San Manuel
chose GAN's Simulated GamingT launched in November 2015. In October
2015 American Casino & Entertainment Properties (ACEP) chose
GAN's Simulated GamingT launched in December 2015. In December 2015
Borgata Casino Hotel & Spa chose GAN's Simulated GamingT
launching in H1 2016. Also in December 2015 Lady Luck Interactive,
a division of Isle of Capri Corporation, chose GAN's Simulated
GamingT launching in H1 2016. In February 2016 Mid-western
multi-property casino group operator Rock Gaming chose GAN for
Simulated Gaming, launching H1 2016.
In Australia, GAN has partnered with and launched for a
consortium of land-based gaming venue operators the
www.Club8Casino.com.au Simulated GamingT website.
About Borgata Hotel Casino & Spa
Located in Atlantic City's Marina District, Borgata Hotel Casino
& Spa features 2,000 guest rooms and suites; 161,000 square
feet of gaming; 186 table games; 3,026 slot machines; a 79 table
poker room; simulcast room; 10 retail boutiques; 5 acclaimed fine
dining restaurants by renowned chefs; 9 casual dining options; a
54,000 square foot spa; 70,000 square feet of event space; 3
signature nightlife experiences; and parking for 7,100 cars. The
market-leading resort also features Atlantic City's first
cosmopolitan hotel experience, The Water Club at Borgata, with 800
guest rooms and suites; a 36,000 square foot spa; 18,000 square
feet of meeting space; 6 designer retail boutiques; and 5 heated
indoor and outdoor pools. Borgata also offers online gaming within
the state of New Jersey through its real-money gaming sites,
BorgataCasino.com and BorgataPoker.com. For more information about
Borgata, please visit theborgata.com or follow @BorgataAC.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20160218006371/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
February 19, 2016 02:00 ET (07:00 GMT)
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